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Level 1
May 7, 2020
Solved

1099 misc and shedule C

  • May 7, 2020
  • 2 replies
  • 40 views

I have a regular job where I receive a W2 form. However this year I received 1099misc for services I have provided and I need to file attachments as Schedule C and Schedule SE. My question is about filling out Schedule C Part 1 Income. If I have an amount in box 7 of my 1099 misc which box of the Schedule C form I fill out? I don't have receipts, sales or goods. It is just services I provided and have one amount only in box 7 of my 1099misc. Where in the income part I put this amount?

    Best answer by Anonymous_

    Your gross receipts (from your 1099) will be entered on Line 1 of Schedule C (see screenshot below). 

     

    It appears as if you may be trying to prepare the forms manually (just a guess) but, if that is the case, I would strongly urge you to use TurboTax (or some tax preparation software) since manual form preparation by the inexperienced can be replete with errors.

     

    2 replies

    Level 15
    May 7, 2020

    Your gross receipts (from your 1099) will be entered on Line 1 of Schedule C (see screenshot below). 

     

    It appears as if you may be trying to prepare the forms manually (just a guess) but, if that is the case, I would strongly urge you to use TurboTax (or some tax preparation software) since manual form preparation by the inexperienced can be replete with errors.

     

    Level 15
    May 7, 2020

    The amount in box 7 of your form 1099-MISC is transferred to line 1 of Schedule C Part I.

     

    However, in TurboTax, you do not fill directly Schedule C.

     

    You enter your form 1099-MISC in TurboTax and TurboTax will transfer it automatically to Schedule C.

     

    Please follow the instructions in this TurboTax Help topic to enter your form 1099-MISC.

     

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